Dear Newsie Readers, Today we are announcing that Newsie will be closing down operations on Friday 20th December 2019. Newsie has been an owner-funded operation since day one. Coming up to three years old, while we still firmly believe Newsie has a......

Fuel company Z Energy has cut its earnings forecast for the year by 10 percent because of tougher competition and falling margins, and is forecasting a big cut in dividends. The company has revised down its underlying profit forecast to between $350......

Government books are now expected to go into the red this financial year with a forecast deficit of $900 million, down from a Budget forecast surplus of $1.3 billion. The government will borrow $12 billion to spend on transport, schools, hospitals......

Tower Insurance's chief executive Richard Harding plans to resign after five years in the job. Richard Harding said he would not extend his contract and planned to rejoin his family in Australia, when the contract runs out at the end of 2020. He......

EQC has announced $1 million of funding for 16 research projects to help reduce the impact of natural hazards on New Zealanders’ homes, towns and cities. Winners of the 2020 EQC Biennial Awards will be looking at everything from new ways to detect......

Rocket Lab has launched another rocket from the Mahia Peninsula - its 10th successful mission. What a way to close out another year of Electron launches. A perfect mission + successful guided re-entry of stage 1 as we work towards reusable rockets.......

Port of Tauranga Limited’s David Pilkington has been named Chairperson of the Year in the Deloitte Top 200 Business Awards.   David joined the Port of Tauranga Board in July 2005 and has been Chair since 2013. Since then, Port of Tauranga......

By Shamubeel Eaqub* Analysis - The RBNZ's finalised capital review will make banks safer, borrowing more expensive, deposit rates lower and lending more conservative. The RBNZ wants to make banks safer against shocks. Banks will hold more capital,......

  Employees of the former company that owned Maketu Pies are owed more than $170,000 in wages, holiday pay, time in lieu and redundancy claims.   According the first receivers report, RG & KM Wilson trading as Maketu Pies owes more than......

Commerce and Consumer Affairs Minister Kris Faafoi says the government will act after a report confirms consumers are paying more than what would be expected in a competitive fuel market. The Commerce Commission released its recommendations today on......